MSA Safety Incorporporated $MSA Shares Newly Acquired by D.A. Davidson & CO.

D.A. Davidson & CO. acquired a new position in MSA Safety Incorporporated (NYSE:MSA) during the 3rd quarter, HoldingsChannel reports. The fund acquired 3,585 shares of the industrial products company’s stock, valued at approximately $638,000.

Other institutional investors also recently bought and sold shares of the company. Giverny Capital Inc. bought a new stake in MSA Safety Incorporporated in the 2nd quarter worth about $29,034,000. Engineers Gate Manager LP acquired a new stake in shares of MSA Safety Incorporporated in the second quarter valued at $1,611,000. Madison Asset Management LLC lifted its stake in shares of MSA Safety Incorporporated by 3.6% in the 1st quarter. Madison Asset Management LLC now owns 588,568 shares of the industrial products company’s stock worth $96,496,000 after acquiring an additional 20,324 shares during the period. Squarepoint Ops LLC increased its stake in MSA Safety Incorporporated by 2,490.2% in the second quarter. Squarepoint Ops LLC now owns 89,517 shares of the industrial products company’s stock valued at $15,628,000 after purchasing an additional 86,061 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in MSA Safety Incorporporated by 9.3% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 89,832 shares of the industrial products company’s stock worth $15,683,000 after acquiring an additional 7,665 shares in the last quarter. 92.51% of the stock is currently owned by hedge funds and other institutional investors.

MSA Safety Incorporporated Trading Down 0.0%

Shares of MSA stock opened at $169.92 on Friday. MSA Safety Incorporporated has a twelve month low of $152.86 and a twelve month high of $208.92. The company has a market capitalization of $6.56 billion, a P/E ratio of 21.04 and a beta of 0.92. The business’s 50 day moving average is $181.36 and its two-hundred day moving average is $178.05. The company has a current ratio of 3.24, a quick ratio of 2.02 and a debt-to-equity ratio of 0.42.

MSA Safety Incorporporated (NYSE:MSA) last posted its quarterly earnings data on Monday, November 2nd. The industrial products company reported $2.09 earnings per share for the quarter, hitting the consensus estimate of $2.09. MSA Safety Incorporporated had a net margin of 15.03% and a return on equity of 25.13%. The firm had revenue of $536.43 million for the quarter, compared to analysts’ expectations of $528.39 million. During the same period in the previous year, the company posted $1.77 EPS. The company’s quarterly revenue was up 14.5% compared to the same quarter last year. Equities analysts forecast that MSA Safety Incorporporated will post 9.12 EPS for the current year.

MSA Safety Incorporporated Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Friday, November 13th will be issued a dividend of $0.54 per share. The ex-dividend date of this dividend is Friday, November 13th. This represents a $2.16 dividend on an annualized basis and a yield of 1.3%. MSA Safety Incorporporated’s payout ratio is presently 27.76%.

Analyst Ratings Changes

A number of equities analysts recently commented on MSA shares. Weiss Ratings lowered shares of MSA Safety Incorporporated from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday. Robert W. Baird boosted their price target on MSA Safety Incorporporated from $197.00 to $215.00 and gave the stock a “neutral” rating in a research note on Monday, August 3rd. Wall Street Zen lowered shares of MSA Safety Incorporporated from a “buy” rating to a “hold” rating in a research report on Saturday, October 24th. DA Davidson set a $223.00 price target on shares of MSA Safety Incorporporated in a research report on Tuesday, August 4th. Finally, JPMorgan Chase & Co. raised their price target on MSA Safety Incorporporated from $210.00 to $220.00 and gave the company a “neutral” rating in a report on Monday, August 3rd. Two research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $211.33.

About MSA Safety Incorporporated

MSA Safety Incorporated (NYSE: MSA) develops and manufactures safety products and systems designed to protect workers and facility operations. Its offerings include industrial and firefighter helmets, eye and face protection, hearing protection, respiratory protection, protective clothing, and fall-protection equipment.

The company also provides portable and fixed gas-detection systems, flame detection and suppression technologies, thermal imaging cameras, and related software and services.